406, Mazaya 24
Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Mazaya 24
What is 406 worth today?
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Source: Dubai Land Department. Updated 2 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 567 sqft
- Floor
- 4th of 5
- Parking
- G-03
- Developer
- Al Mazaya Real Estate
- Completed
- 2014
- Service charge
- AED 6,900 /yr
- Last sold
- AED 400K · March 2009
- Building
- Mazaya 24
About 406, Mazaya 24
406 is a one-bedroom apartment of 567 sqft on the 4th floor of Mazaya 24, a 5-storey tower in Liwan completed in 2014 by Al Mazaya Real Estate. The developer sold it on 10 March 2009 for AED 399,538, or AED 705 per sqft, in line with the AED 705 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 2 April 2026, is AED 49,862 a year: a gross yield of 12.5% on the 2009 price, before the service charge of about AED 6,900 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mazaya 24, and where 406 sits
All 45 1-beds →406 last sold in March 2009 at AED 705 per sqft, in line with what one-beds in Mazaya 24 were fetching at the time (AED 705). Over the last 12 months one-beds sold for AED 425,444 to 640,000, around AED 810 per sqft, and rent for AED 33,000 to 82,000 a year. 406's AED 49,862 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 565 sqft | 500,000 | 884 | ||
| 26 Jun 202626 June 2026 | 728 sqft | 590,000 | 810 | ||
| 3 Mar 20263 March 2026 | 930 sqft | 640,000 | 688 | ||
| 17 Feb 202617 February 2026 | 720 sqft | 425,444 | 590 |
Mazaya 24
Building65 apartments, 1-bed to 2-bed over 5 floors in Liwan, completed in 2014 by Al Mazaya Real Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 804
- Typical sale
- AED 575K
- Typical rent
- AED 48K /yr
- Typical yield
- 9.2%
Other units on the 4th floor
All 65 units in Mazaya 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,040 sqft | AED 730KAED 730,000 · Mar 2017March 2017 | 36,000 /yr | |
| 402 | 1-bed | 728 sqft | AED 445KAED 445,000 · Mar 2016March 2016 | 44,100 /yr | |
| 403 | 1-bed | 360 sqft | AED 537KAED 537,492 · Apr 2009April 2009 | 54,000 /yr | |
| 404 | 1-bed | 723 sqft | AED 539KAED 538,639 · May 2009May 2009 | 41,681 /yr | |
| 405 | 2-bed | 1,042 sqft | AED 760KAED 760,000 · May 2015May 2015 | 58,000 /yr | |
| 407 | 1-bed | 570 sqft | AED 400KAED 399,538 · Mar 2009March 2009 | 44,000 /yr | |
| 408 | 2-bed | 1,054 sqft | AED 675KAED 675,000 · Nov 2024November 2024 | 42,000 /yr | |
| 409 | 1-bed | 928 sqft | AED 340KAED 340,000 · Sep 2021September 2021 | 56,000 /yr | |
| 410 | 1-bed | 929 sqft | AED 315KAED 315,000 · Jun 2022June 2022 | 55,000 /yr | |
| 411 | 2-bed | 1,053 sqft | AED 860KAED 860,000 · Oct 2026October 2026 | 55,125 /yr | |
| 412 | 1-bed | 571 sqft | AED 478KAED 478,391 · Jan 2015January 2015 | 45,000 /yr | |
| 413 | 1-bed | 565 sqft | AED 473KAED 473,391 · Dec 2014December 2014 | 24,931 /yr |
406, Mazaya 24 in numbers
- Sold once: by Al Mazaya Real Estate on 10 March 2009 for AED 399,538, or AED 705 per sqft.
- Rented since July 2016 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 25,000 in 2022 and recovered to AED 49,862 by April 2026.
- At AED 49,862 a year the gross yield on the 2009 price is 12.5%, before a service charge of about AED 6,900 a year (AED 12.09 per sqft).
- One-beds in Mazaya 24 sold for AED 425,444–640,000 in the 12 months to November 2026; the building's median across all types is AED 804 per sqft.
Source: Dubai Land Department. Updated 2 April 2026.
Questions about 406, Mazaya 24
What did unit 406 last sell for?
AED 399,538 on 10 March 2009, sold by the developer: AED 705 per sqft for 567 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 49,862 a year on the contract renewed on 2 April 2026. The previous contract, from April 2025, was AED 43,000; the unit has been rented since July 2016.
How big is unit 406?
567 sqft (52.7 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2014.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mazaya 24 sold for AED 425,444 to 640,000 in the last 12 months, around AED 810 per sqft.
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Mortgage on 406, Mazaya 24
Starts from the last sale price (AED 400K, 10 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 399,538
- Deposit, UAE resident (20%)
- AED 79,908
- Deposit, non-resident (40%)
- AED 159,815
- Monthly over 25 years at 3.7%
- AED 1,635
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →